1 / 8

The Missing Link: Technical Standards and Solutions

The Missing Link: Technical Standards and Solutions. The EU iGaming Debate: An update Why standards are important to operators. The EU iGaming Debate. Green paper discussion & recommendations : Advertising Common principles consumer and minor protection of consumers

floyd
Download Presentation

The Missing Link: Technical Standards and Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Missing Link: Technical Standards and Solutions The EU iGaming Debate: An update Why standards are important to operators

  2. The EU iGaming Debate • Green paper discussion & recommendations: • Advertising • Common principles consumer and minor protection of consumers • PwC conducting a study on the role of national regulators (licensing, enforcement, etc.) • European Commission Expert Group’s role in developing best practice for online gambling • Restructuring of online gambling portfolio at European Commission

  3. RGA Technical standards (1) • efficient and effective technical standards taking account of consumer experience and market dynamics • apply to all platforms and methods of remote delivery; • accommodate the differences between betting and gaming products; • underline the integrity and fairness of remote gambling products; • standards that ensure that online gambling products are fair, secure, auditable and can be regulated efficiently.

  4. RGA Technical standards (2) • provide assurance to consumers that the industry, are committed to and provide fair and safe betting and gaming; • allow for technological developments and innovation; and • cover the principles of good testing of standards by regulators and third party testing organisations. • standards focus on identifying objectives not methods.

  5. Benefits of standards • Beneficial for regulators and consumers: • similar processes and standards, • derived from evidence • risk based decision making • the importance of technical standards when operators are considering entering a market • economies of scale for gambling activities • cost of compliance • ability to use tried and tested products

  6. Inconsistencies mean: • Management and compliance problems • Fragmentation of online gambling market • Unnecessary duplication of company and regulatory infrastructures

  7. Review and Revise • support innovation • Better KYC • Improvements to game architecture • increased consumer transparency • create a level playing field • Enable new entrants to develop products • Enables product launches in a number of jurisdiction

  8. Thank you Sue Rossiter Director of Projects and Policy Remote Gambling Association www.rga.eu.com srossiter@rga.eu.com

More Related